Baby formula boom to occur in China
Danon and Nestlé shares increased their values instantly when the Chinese government announced that families would be allowed to have more than one child. At the moment the Chinese baby formula market is worth USD 19 billion and it is dominated by Danone, Nestlé and US company Mead Johnson Nutrition.
Related news
Nestlé to stop selling vegan KitKat
The Swiss giant launched KitKat V four years ago. Nestlé…
Read more >Nestlé and SPAR’s Year Planner campaign has launched
At the start of the New Year, many people decide…
Read more >
More related news >
Related news
Mészáros Group’s next step in the poultry industry: full control over Gallicoop
On January 27, an interesting document was published on the…
Read more >Unilever and Tesco: There is no future without sustainability
Unilever CEO Hein Schumacher has said it is time for…
Read more >The factory in Környe is expanding with new production technology
The new extruder production line and production area were inaugurated…
Read more >